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With preparation for MENA SCF 2023 at full speed, Michael Bickers meets with Ravi Valecha, CEO, of India Factoring and Finance Solutions to discuss the challenges of incorporating ESG within supply chain financing in the MENA region. Click here for the full webcast.
16/10/2023
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British invoice financier, Accelerated Payments (AP) celebrated advancing €1 billion in invoices funded in January of this year, soon after our fifth birthday. Since then, we have advanced a further €500 million over a period of just nine months, growing the size and influence of our company in the markets we operate in.
16/10/2023
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Following the launch of its new generative AI-enabled Working Capital Copilot solution at Sibos 2023, Trade Ledger is now accepting applications from banks to join its beta programme which is being deployed by Accenture.
16/10/2023
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Veem, a leading global payments provider, announced its partnership with WooCommerce, the open-source e-commerce platform built on WordPress, to help streamline payables and receivables for e-commerce businesses globally. The Veem B2B extension is now available on the WooCommerce marketplace. This extension will enable businesses to seamlessly integrate payment collection into their checkout flow without paying any interchange fees.
16/10/2023
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Trade Receivables Discounting System (TReDS) Platform, M1xchange has signed an Agreement with the Govt. of Haryana, to provide invoice discounting services and easy financial access to MSMEs working for various government departments and PSUs of the state.
16/10/2023
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By all accounts, 2022 was an exceptional year for the receivables finance sector. But is the industry keeping up with the rapid technological advancements, evolving customer expectations, and a volatile macroeconomic and geopolitical environment.
13/10/2023
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Spain’s factoring and confirming® sector in 2022 showed a spectacular in increase in volume, with a growth of 29.23 per cent compared to the previous year, said ALMA MARIA ABAD IRAZUSTA,
13/10/2023
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The Asian Development Bank (ADB) has approved a US$300m policy-based loan to support the Philippine government in creating a stronger institutional and policy environment to help expand Filipinos’ access to financial services, particularly the vulnerable segment of the population, and to promote economic growth.
13/10/2023
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Specialist asset-based lender Ultimate Finance announces continued growth of their loan book, breaking through the £300m milestone for the first time, as they continue their mission to support an increasing number of businesses with much needed funding.The continued growth follows their strong performance this year, with a 26 per cent increase in new business at the end of Q3, paired with the renewed commitment to building long term relationships with introducers and partners to help keep business moving.
13/10/2023
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Anne Mask joined Oxford Commercial Finance as Vice President and Business Development Manager (BDO).Backed by over two decades of experience in the financial services industry as a business development and inside sales manager, Anne has earned the respect of colleagues and customers alike for her collaborative approach, integrity, responsiveness and reliability.
13/10/2023
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Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, and Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, today announced the launch of an ESG-linked supply chain finance (SCF) programme to advance sustainability in the aluminium giant’s supply chain.
12/10/2023
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LSQ, a leading provider of working capital finance and payments solutions, and Infor Nexus™, the leading global supply chain platform and a division of Infor®, the industry cloud company, has announced an agreement that provides their network of suppliers access early payments through an LSQ FastTrack® supply chain finance programme.
12/10/2023
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Sonovate, the leading provider of finance and payment solutions for the contingent workforce, has announced a significant increase in its securitisation to £240m from the £165m announced last year. This latest development comes with the strategic addition of Lloyds Bank to its group of finance providers.
12/10/2023
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New research from independent SME funder, Bibby Financial Services (BFS), highlights a significant threat to the UK economy as banks appear to be retreating from lending to small businesses.
12/10/2023
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Quickpay Funding, a leading provider of invoice factoring services, has just announced the launch of their new client web portal. The new platform empowers their clients with convenience and efficiency in managing their cash flow. From uploading invoices to submitting credit requests, Quickpay Funding clients can now control their factoring account from anywhere with a secure, personalised, and responsive platform.
11/10/2023
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